Samsung Electronics Co. Ltd. (KOSE:A005930) announces a share repurchase program. Under the program, the company will repurchase up to KRW 9,300,000 million worth of its both common and preferred shares. The shares will be repurchased from the open market. All the repurchased shares will be cancelled. The shares will be repurchased over three to four phases. The repurchases will be conducted over 2017. As of January 24, 2017, the company has 17,981,686 common shares in treasury.